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The live price of VeChain is $ 0.01637044.VET price could have a maximum value of $0.0417 by the end of 2023.VeChain price with a potential surge could go as high as $0.284 by the end of 2030.
The world is adopting the blockchain technology at an accelerating pace. The adoption of the tech comes to solve real world issues and problems. VeChain is one such blockchain, which aims to solve the persistent challenges in the world. With its expertise in supply chain management, the tech has garnered the interests of the masses.
VeChain’s native asset VET has been distant from the glitter and buzz of the market charts lately. With the asset available at a discount, investors are keen on VET price.
Are you also considering VET for your portfolio? Look no further, as our prediction, brings to you the possible VET price prediction 2023 – 2025 and the years to come!
CryptocurrencyVeChainTokenVETPrice $ 0.01637044
0.05% Market cap $ 1,190,368,407.8644Circulating Supply 72,714,516,834.0000Trading Volume $ 20,930,135.6008All-time high $0.2782 on 17th April 2021All-time low $0.001678 on 13th March 202024 High $ 0.016624 Low $ 0.0162
VeChain Price Prediction October 2023
The VET price has been trading in an descending channel start of October. Following the Death cross the price has experienced a decline in its price action.
The MACD displays constant volatility in its graph, further the histogram displayed a minor spike in its charts indicating a possibility of a massive price action in the coming days.
If the bulls continue to gain power and push the price then the price is predicted to test its resistance level of $0.01700 by the month-end.
On the contrary, if a trend reversal occurs and the price breaks down from the support level then the bears will regain power and the coin will lose its value resulting in the price to test its support level of $0.01550 this month.
VeChain Price Prediction 2023
The VeChain price has been trading in a descending trendline since the month of February. VET is constantly trading under the bearish influence as the price is repeatedly failing to break the trend. The coin was recently seen trading close to its resistance level indicating a possibility of a massive price action in the coming days.
The RSI is was trading above its mid-point was has been constantly declining indicating a weak buying and selling power. On the other hand, the MACD is displaying a decline in its histogram indicating a uncertainty in its future price action. Further, a bearish convergence can be seen in the chart indicating the price to dip in the coming days.
VeChain is in the progress mode to build a blockchain-based platform. That does not only limit itself to the digital world but can also integrate with the actual business ecosystems. This would ensure that enterprises would be able to control various functions with the assistance of this blockchain.
The year 2023 could bring virtues to the price projections of VET if the network sees adoption by renowned companies. With the blockchain transforming logistics and supply chain the VET price could ascend to its maximum of $0.0417.
On the other hand, the protocol failing to meet its expectations can lower the price to $0.0198. That said, an equilibrium in buying and selling pressures could land the price at $0.0309.
VET Crypto Price Prediction 2023 – 2030
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20230.01980.03090.041720240.04520.05370.063120250.06640.07760.10020260.08430.1010.11920270.1150.1340.15220280.1530.1770.19920290.1980.2130.22720300.2390.2620.284
VeChain Foundation, a non-profit organization registered in Singapore in 2017, manages the project. The project is known for its collaboration with major companies.
Such as Microsoft, Shanghai Gas, Walmart China, BMW Group, H&M, and others. VeChain price for 2023 could range from $0.0198 to $0.0417.
VET Price Forecast 2024
If the crew behind VeChain employ developmental and community-building initiatives amidst Bitcoin’s halving event. A run like that of Bitcoin’s expansion rally can be anticipated. In such a case, the VET price could propel to a maximum of $0.0631 by the end of 2024.
Conversely, possible factors like regulatory concerns could slump the price to $0.0452. That said, a balance in buying and selling pressures could slip the price to $0.0537.
VeChain Price Prediction 2025
If it is able to provide complete integration of the blockchain-based platform with the actual business world. It would be easier for companies to use the blockchain. By the next three years, VeChain price might reach a maximum of $0.100.
On the contrary, if the bears flips the uptrend, then the price could plunge to as low as $0.0664. Successively, the lack of propelling initiatives could settle VET at $0.0776.
VeChain Price Prediction 2026
According to forecast prices and technical analysis, VeChain’s price is projected to reach a minimum of $0.0843 in 2026. The maximum price could hit $0.119, with an average trading price around $0.101.
VeChain Price Prediction 2027
Looking forward to 2027, VET’s price is expected to reach a low of $0.115, with a high of $0.152 and an average forecast price of $0.134.
VeChain Price Prediction 2028
In 2028, the price of a single VeChain is anticipated to reach a minimum of $0.153, with a maximum of $0.199 and an average price of $0.177.
VeChain Price Prediction 2029
By 2029, VET’s price is predicted to reach a minimum of $0.198, with the potential to hit a maximum of $0.227 and an average of $0.213.
VeChain Price Prediction 2030
In 2030, VeChain is predicted to touch its lowest price at $0.239, hitting a high of $0.284 and an average price of $0.262.
What Does The Market Say?
Firm Name202320242025Wallet Investor$0.00334$0.00519$0.00262Gov.Capital$0.062$0.146$0.235DigitalCoinPrice$0.049$0.058$0.084
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Fundamental Analysis
Founded in 2015 and launched in 2016, VeChain is a blockchain-based system built to enhance supply chain management and business processes. The project was initially conceived as a supply chain management and anti-counterfeiting system based on blockchain and (IoT) technologies.
In December 2017, the product was rebranded and relaunched as the VeChainThor blockchain for decentralized applications (dApps). VeChain has now established itself as a blockchain service provider for businesses in any industry.
Further, VeChain plans to become a leading platform for initial coin offerings (ICO). And also a platform for conducting transactions between the Internet of things (IoT) and its connected devices.
What Is VeChain?
VeChain (VET) is a blockchain-powered platform built to renovate supply chain management. Its aim is to facilitate the best resources to traders, who wish to solve real-world economic problems.
The network owns two native tokens VET and VTHO. The goal is to boost the scalability, efficiency, and traceability of supply chains while directing more control to individual traders.
However, the platform is unique as it aims to overthrow supply chain friction and give an appealing impression to traders.
VeChain Historical Market Sentiments 2018 – 2022
VeChain (VET) was listed on cryptocurrency exchanges in late July 2018 and traded in the range of $0.02-$0.026. From the beginning to the middle of August 2018, the price fell to $0.006 per VET. The coin closed the year at $0.004.In Q1 of 2019, the price of VET was stuck in the $0.0036-$0.005 range, until it broke out to $0.0079 in March. After pulling back to $0.0056 in April, the asset continued to grow, peaking at $0.0098 in June.VeChain price could not hold these heights and slid down before it established support at $0.0028 in late October. As the asset found new ground, it recovered quickly and met resistance at $0.008 in November 2019. The asset closed the year with $0.0056 price per coin.From the beginning of the year, VeChain continued to grow and retested the resistance at $0.0082 in February 2020. On the 13th of March, VET had set a new low at $0.0016 mark. By the 11th of June, the VET price broke its resistance at $0.0082. After a steady pullback, VET managed to trade at $0.017 by early August. Following a steady decline until November, the expansion of Bitcoin’s rally pushed the price to $0.018. VeChain price commenced the year with its price trading at $0.020. The asset soared to a new ATH of $0.2782 in the month of April 2021. Due to the Chinese market crash on May 19th, the price experienced a heavy pull back to $0.07238. In the month of July 2021 VeChain partnered with ReSea to prevent pollution in the oceans. Which took the price to $0.1539 on September 5th, 2021. While the Chinese market crisis called for a 23.3% dump, however, the PoA 2.0 upgrade plan pushed the price by $0.1192. An ascend led to the annual closure at $0.0863 for 2021. The VET price had commenced its trade for 2022 with a price tag of $0.0823. After moving sideways until the 17th of January, VET faced another fall, which dragged the price down to $0.0457 by the 22nd of January. The coin faced a bearish trend for the whole year. VeChain price had a closing trade level of $0.0158 for the year.
FAQ’s
How high can Vechain price go by the end of 2023?
The VET price could possibly reach its maximum of $0.0417, by the end of 2023.
What is a VET coin?
VET or better known as VeChain Thor is a native token of the VeChain network. Which is used for exchanges across the network, with an aim to empower scalability, efficiency, and traceability.
How high could the VET price propel by the end of 2025?
The price of the altcoin could hit a maximum of $0.100, by the end of the next three years. With a potential surge the VeChain price may go as high as $0.284 by the end of 2030.
Where can I trade VeChain’s VET?
VET is available for trade across prominent cryptocurrency exchange platforms such as Binance, KuCoin, Huobi Global, and Gate.io, amongst others.
What will be the average price of VET by the end of 2023?
The price of VET could settle at an average price of $0.0309 by the end of 2023.
Is Vechain partnered with Amazon?
Earlier in the year 2022, VeChain foundation and Amazon web services (AWS) partnered to explore a carbon-neutral digital infrastructure to enable firms to manage their carbon footprint and achieve their emission targets.
How much is 1 VeChain worth?
At the time of publishing, the price of 1 VET was $0.01644.
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